Today's ZAR to KRW Price Update

Summary
This article provides real-time exchange rates and volatility information for ZAR to KRW, helping traders quickly grasp market dynamics and potential trading opportunities.

Definition

The South African Rand (ZAR) and the Korean Won (KRW) are important fiat currencies in their respective regions. The exchange rate between them reflects market perceptions of their relative value and economic conditions in South Africa and South Korea.

Today’s Price

• 1 ZAR = 85.79 KRW
• 24h High: 86.4155 KRW
• 24h Low: 85.9539 KRW

Market Analysis

Recent ZAR/KRW exchange rate movements have shown slight volatility within a narrow range.

• Technical focus: The current Relative Strength Index (RSI) over the 14-day period is 66.817, suggesting a potential buy signal.
• Risk note: Short-term fluctuations may occur due to economic data releases or geopolitical events.
• Trading opportunities: Watch for potential breakouts above the 24-hour high or below the 24-hour low.

Conclusion

Continue to monitor the ZAR/KRW exchange rate, combining market trends and technical indicators to develop appropriate trading strategies and capture potential opportunities.